Skue Sparebank will take over Hjartdal and Gransherad Sparebank – E24

Skue Sparebank will take over Hjartdal and Gransherad Sparebank – E24

Savings banks will negotiate a merger.

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The boards of directors of Hjartdal, Gransherad Sparebank and Skue Sparebank have begun negotiations to merge the two banks. This was revealed in corporate communications on Thursday.

The background to the merger is “the desire to strengthen the position of banks locally.”

He stated that the condition for the merger is the maintenance of all offices and workplaces in the two banks. The combined bank will be called Skue Sparebank and will not have a head office, but rather 16 offices in the Hallingdal, Ringerike and Hjartdal area.

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Hans Christian Glesne becomes Managing Director of the Bank, while Åse Kjersti Øverdal becomes Deputy Managing Director of the Bank. Barbro Turnstein was proposed as president.

The banks estimate that the merger will generate annual gains of NOK 30 million, and the plan is for the merger to be completed during the third quarter of 2024, according to the companies.

The combined bank will own about 6.6 percent of Eika Gruppen and will thus become the second largest owner based on the current shareholder structure.

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Dalila Awolowo

Dalila Awolowo

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